Home|News|The applicability of the Qualifying Employment in Innovation & Creativity Rules has been extended

The applicability of the Qualifying Employment in Innovation & Creativity Rules has been extended

The Qualifying Employment in Innovation and Creativity (Personal Tax) Rules (the “Rules”), have now been extended to the 31st of December 2018. These Rules which have been promulgated through Legal Notice 106 of 2013, and amended by Legal Notice 462 of 2014, have now been amended further.

A successful applicant in terms of the Rules would be able to benefit from a beneficial tax rate of 15%, subject to receiving an annual income of at least €45,000. Malta Enterprise has been designated as the authority responsible for determining the eligibility or otherwise of an individual wishing to apply for the Rules.